Business

Stocks gain for second week as turnover rises

The Dhaka Stock Exchange (DSE) extended its gains for the second consecutive week, driven by positive movements in the shares of banks, pharmaceuticals, chemical companies, and financial institutions.

The benchmark DSEX index rose 66.28 points, or 1.30 percent, to close at 5,179.18 on Thursday, the last trading day of the week.

Investor participation grew, as the daily average turnover surged 25.84 percent from the previous week to Tk 426.59 crore, according to data from the DSE.

However, the market capitalization of the food and allied, general insurance, and tannery industries declined, Shanta Securities said in its weekly market review.

Among the key indices, the DS30, which represents blue-chip stocks, rose 0.48 percent to 1,912.9 points on Thursday. 

The Shariah-based DSES also posted gains, increasing 1.22 percent to 1,147.8 points.

In terms of turnover, Beach Hatchery topped the list with an 8.93 percent gain, followed by Grameenphone (0.72 percent) and City Bank (0.00 percent).

Energypac Power Generation was the week's top gainer, soaring 59.12 percent to Tk 21.8 per share, while Renwick Jajneswar & Co suffered the biggest loss, dropping 17.49 percent to Tk 550.

The services and real estate sectors posted the highest gain of 6.86 percent, while the jute industry saw the steepest decline of 3.14 percent.

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Stocks gain for second week as turnover rises

The Dhaka Stock Exchange (DSE) extended its gains for the second consecutive week, driven by positive movements in the shares of banks, pharmaceuticals, chemical companies, and financial institutions.

The benchmark DSEX index rose 66.28 points, or 1.30 percent, to close at 5,179.18 on Thursday, the last trading day of the week.

Investor participation grew, as the daily average turnover surged 25.84 percent from the previous week to Tk 426.59 crore, according to data from the DSE.

However, the market capitalization of the food and allied, general insurance, and tannery industries declined, Shanta Securities said in its weekly market review.

Among the key indices, the DS30, which represents blue-chip stocks, rose 0.48 percent to 1,912.9 points on Thursday. 

The Shariah-based DSES also posted gains, increasing 1.22 percent to 1,147.8 points.

In terms of turnover, Beach Hatchery topped the list with an 8.93 percent gain, followed by Grameenphone (0.72 percent) and City Bank (0.00 percent).

Energypac Power Generation was the week's top gainer, soaring 59.12 percent to Tk 21.8 per share, while Renwick Jajneswar & Co suffered the biggest loss, dropping 17.49 percent to Tk 550.

The services and real estate sectors posted the highest gain of 6.86 percent, while the jute industry saw the steepest decline of 3.14 percent.

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পাচার অর্থ ফেরাতে আপসের পথ ভাবছে সরকার: গভর্নর

এ উদ্দেশে কিছু বেসরকারি ফার্মও নিয়োগ দেওয়া হয়েছে বলে জানান গভর্নর। 

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